CoIiii)any registi'dtion nuillbcr.. 05687000 Charity registration nunJbei': 1117739 The Toy Library Limited (A coinpaiiy liinikd by gu212ntee) Aiinu21 Rtp()i-l ai)d Fiiiancial Sialemcnls foi. the Yeai. Fnded 31 March 2022 Cal)11linIlY ALCOUliting Plus Uiiils l & 2 Noi'lli W¢sl 41 Tallioi StiEet Nottingliani NGI 5GL
Tlie Toy Iuibi'aiy Limited Contents Refei'ence and Adminislrativc Dctails Trustees, Repoit 2to8 Iiidependeni Lxaiminei's RepDi'I Statement of Ftnancial Activities Bdlaiice Sheet 12 Siaiemenl of Caslk Flows Notcs to the Finarttial Staieimertts 141024
The Toy Libi'ary Liniited Refei'eiiee And Admillistrative Details Ti'ustLes Stephoni¢ J3iantii¥an, Cliaii- Graliam Masters, Ti'easiir¢r Mai'ic Wilkin50JI M81tiii Ilinvoluc Miclielle Baltleiniich Jaroslava Jajecznyk Melkorka Stillei'_Magnllsdottii' Steve Paikinson, Seivice Dii¢ctor Sellior Managetnent Ttam Chai'ity Registratloii Numb¢i' L117739 Company Regi$tr2tion Numbei. 05687000 Rggl$tet'Èd Offic Chris Firth Cottages Squiies Avenue NoltlliglIll NG6 8GG ITrdepen<let Exgmlner JDlitt O'BJ'ien, eniployee of Coniinunity Accounting Plus Uaiits l & 2 Nortli West 41 Talbot Street Noiiii)Eham NGI 5GL Solic5tors'. Coiillieirultsire PartneiEIITP LLP Unit Nl4.204 El Bii¥inLbS Siudios 7 Whitecliapcl Road London EI IDU Baiiliei's I.ISBC Nottii)8liain Cluiiiber Street 26 clun1b. Sti'cet Noitingliain NGI 3GA
The Toy Library Limited Ti'ustees, Report The twslee5, who aTe directors foj the puiposcs of conipany law. present the annual repori logetliey witli tlie fÈnallCtal slatcilletits of the cliatilabl¥ cojnpany foi. Ihe yelli. endcd 31 Mairli 2022. T'ruytees alld offiee The tlllbie¢s and offiLeis sei'viiig duiing Ihe year and since il)e year end were a5 fullows.. TSte£s.. Stephanie Bi'annigan, Chair Graham Masters, Ti'easuirj. (appointed 18 January 2022) Marie Wilkinsoji Martin Rinvolu¢ri Miclielle Battleinuclj Jaifjslava Jaje¢J.Ayk Melkork3 StilleJ'_Magnusdottii Claire Leeiiiiiig (TesiEneé 30 Noveinber 20211 Sti'ucturey EoveTiiaiLC¢ aiid nianageinent Éitre ofEOl*I'iiiiig Alociiiiieiit The chai'ity is a coiJpany Ismited by guai?ntee and iigisteird charity. It is opcr&tcd undcj. the iiiles of its meinoi?ndiiin and aitticles of 2SSOClation dated 25 January 2006 alld most i'eeently amended on 20 Marcli 2018. li has no shal'e Capital and the liability of ¢acli meiJ]bcr in tlie event of wii)diiig-up is litiiiled to £1. Eacli trustse is noiyiinaled ai)d %econded beforc being elected by ninber8 at tl)e Anniial Gerteral Me¢ting. TTusleeg 2140 welLUtne contijbutiuns froIii individuals witli 2 coIMiJiJlIMeni Lo Ilie aii)L% dnd ViSiOD of the Toy LibT?I'y wiili(Jut taking 00 a fon1 coiminilineni as % Ti'iistee or DiTeLtoi". Tliesc 'MaD#geinent Cojiimittee mtmbeiE" lake IiaTt in Board discussions but do no¢ liave voting rights wlien dccisions al'e being taken. pically seiving 1-2 years as Committcc mejnbcrs. this model has given nle1nbe of tlie lo¢&1 cominunity &)n olipoi"turtity 10 leai"n how the oi'ganis8lion opeiales, expirss tlicii. views as io ils developA)ent as well as a period dui'iiig which Ihcy uiiji) cvnfIdence aiid ui)d¢rstaiJdiiig of the 101¢, Tliis has piovcd vciy cffcclivc as a long tej'm aiid compLeliell51Ve ii)du¢lioii p1CesS, 1iTr Rdditioii il is oui. policy lo pi'ovEde fortnal inductioll to tlie iole of I'st¢C and provide ti"auiEng followiiig an #ssessinelli of both Ihc Jiccds of iJidividual% and Ilie Boai'd as a whole. Newly appoijited Irllstees are it)vited to spend tiine with the Sei'viee Director and oth. sen&oi' %taff its ol'der lo gain ali ui)(lerslallding of the day to d&y work of the orgaiiisation.
The Toy Library Limited Trustees, Repoi't Orgfiiiisrtlioil13IrI1eI1IyÈ Tlie Toy Libraiy Liniited has a Board of lip to tell Tiiistees elected froill OLir menibe¥ship ui. Co-opted by the Boai'd wliere tlieie aiE vacancies betwecn Atlia1 Gcneral Meettngs. The Boaixi elects a Cl)airperson, TL'casuL'rr and Set¥etary fi'oii) the elecied l-rustces. A Finance nd Audit Sub-CJroup of tlie Board sels #Jd s¢ruliiiises fii)3ii¢xal pi'ocedures and n)eeis I'egulai'ly to over%ee ongoing finaiJ¢es and repoi"Is to tlie full Board. 'rhe Board 1% responsible foi. ovd'sig)t and Ibe sts'atrgic direction of Ilie diarity. It tinploys a Service DiItcioi' who is responsible foi. opei'atioiial dectsions, iiiaiiageineiit of all staff and ensuiEng tlie efficsent ld effective tijniiiiig of the chai ity. • Trnstees are plVIded willi inducttoii to tlie oJ'gaiiisatiDii on api)oiiitineiit ti?inii)g wljcn a nted is idcnlified. • Pay and rcinuneration of staff aie set in lin¢ witli conipai-uble positioiTrs in siinilar fTelds locally. Use olvoliiiileei's We recruit. li?in and supporl volunteers to icreaSe tbe deliveiy capacily of our workforce whdr appropiiate and in ord. to iiLI)iove the volunteei's owii access to tialn8 %&lld einpl(JyIeThl. jor i'isk& oiid iiiuiillgeiiieiil of iliuse J'iJ-ks Tlic Boai'd oFTI'ustccs has E&idblisl)ed a i'isk inanagemellt policy foy whidi thcy havt overall responsibility, with opei'ational i'esponsibilities delegated to setlior staff. They recognis¢ tlie need to be aleit to I"l5ks but arc iiot averse to taking reasonable i'isks parl of the delivery of services, particularly iii play ai)d oibei. activities cenh'ed arouiid cliildren. Tlie Boai'd expect all.%taff aiid volunteeJ3 to considw. risks involved in any #¢tivity and early our risk a&%essit)etJis piior to delivery ol'sejviees and activili&s. rTsk iEgi.sler is maii)laiiied covei-lng tlie following categoi'ies.. Govei'mance alld Manageiiiellt, Oi)er&lional, Financial, Environniental, Le8al & Regulatory, Tcclinology, Fluman Resouj'ces, funding aiid Replllation. T])is regist. is irvieived regulai'lir by ilie Finance Siib GroiEp. Ncw or etn'sing risL8 are repoi'led lo Ilie Managemeni Coii)Iniltee as part of the S¢rvi¢¢ Dire¢io¥'s Repoi'i wlii¢li is pi'es¢iited at every Board ni£¢ting. In the event of an uigent risk ar1511ig. Ilie Service DJiectoi- will take appi-oprEatE action and reporl lo Ilie Chair as soon a5 possible. Tlie prin¢ipdl iisks folCLng Ihc To)y lJibiai'y JIle to.. a) niaintaTning oi'ganisJtional stieng¢li followiiig a pei'iod of iai)id growtli. b) r2iaintaining its positioii and I'epiilatioji as a cutalysl for positive change, l en&urillg tIt ti'ustees, staff, and volunteei's a¥e eqEiipped witEi the skills and tools needed to be effectiv¢ in Èn increastiigly comi)Itx and cliangeable envilDn1ent. Objectives and &etivitiLs 'TlJe objects for wliich Ilie Cotnpaitry is foiined shiTrll bc to advancc the ediication ai)d develoi)nieni of eliildren by tlie pix)vision af childcaie a#d play relatcd sei'viccs and equipineiit and educating parents as 10 ihe iiJp)itsn¢c of play." Page 3
The Toy Llbi'ai'y Limited Trusteesl Report Our aiins and objectives were devcloped in iesponse tn tlie sevei'e 8ocial and econojiiic di5advantag¢ prLs¢nt in tlie caimtniinity of Blilwcll fi-om wliich we gi'ew and continue to boÉli seiTrie and rcpiEseiil. Tlic aTea is widely i'egaidcd a5 onc of Ilie In051 dis¥dvanlagTed CDinniiinilJes In Nu(Iiii%liain. Tlic Indiets of Deprtvalion 2019 show tliat l O of (lie I I Siiper Outpiit Al'ea$ {SOA'51 are in the woisi IO°/o Iialioijally fol. Mtiltiple Dept'tvation, Incolne deprivation, Iducatioii and Skill depi'ivatio¥) Ifoi. which iwo SOA'S ale iii the wor.%t l On JRtionally), Sncomc dcpriv&tlOD dtTe¢ting ¢hildren. Oiir focii.8 on childi'en and familics ai'osc because we welt founded by p81.ents wlio knew how haid il is 10 bring lip cliild2.en in cliallenging circiiinslances alld soiiglit lo ijiovide support and help. Bulwell coiitiniies to bc an ai'ca wli¢Jr cliildren find it a sii'uggle to a¢liieve educationally Jnany bc¥i scliool Jli'eady ¢oiisid¢i'ably b¢hind tiieii. peeiE in leiins of tl)eii' d¢velopiiieiital outcomes. Our activities, listed below, ¢on¢ei)ti'8le on families amd t[1r children finI biiih to the age of 13 yeaiB. We ngage with cliildi'en befoi'e they b¢giIi scliool Jnd thei) duriii& aftei. scliool slid holiday pei'iods. 'fiu'ougli this we seek to coinplenient and suppoit the ejideavours of local 5cIi(K)Is with whom we woi"k In pai"Inership. Piihlic heiiefil The Toy Library Limitcd Ipirvioutsly naTned Bulwcll Community 'l-oy Libi'ary) lias bcen DPCI"ating foi" alniost 40 yeais. It was e8t1£ b115hed by local people who kiiew liow liai'd it cai) be to i?ise children in difficult cireumslai)ccs. Tlie project cothitiiiues to d12W 011 tlie exP'1enC£ alid enei'gy of local Pdl'eiits wlio suppoi'l it by volunleei'iiig as well as lielpillg to run il ab coiThittcc meinb¢rs. Oui. woi'k is &vailabl¢ to all cliildien and The trustees coiifirin tliat tliey liave coiyplicd with tlic requireiiicnL% of seclioii IY of tlic Cliarilies Act 201 I to liave due iEgard to tlie public bcnefit giiidan¢e published by tlie Cliarity Coinniission for Etigldnd aiid Wales. Objeclivcs. &lr¢ilcgics tsiiil oclivities Our purpose W¢ bcli¢v¢ Ihai every child beiiefitq fron) belonging to a faniily and evely fainily benefits from belonging to a cotninunity. Oui. PUTP05e is to work aloijgside and suppai't cliildren, faii)ilies and coJnmunitie5 to dcvclop, gl'ow and tlii'iwe tO8eihei' throiigli play. Stratcgles Our aini is to imi)rove tlte Isfe clianccs alld opportunities available to chtlditn in jaulwell and in doing $0 direcily fuiiliei. our leudl pui'pose., Oui long t¢i"Jii aiin is tliai Ille ¢hildrett of Bulwell will no loDgei' be disadvantaged by low 2spiralion% and pooj. OPPOLtunities to succeed the fieldls of tlieii. choiee., ot shthrdniedium terjn slratC4Yy is to ex¢aid our l'each lo enable niore childi'en and taniilies in Blllwell to benefit froi)i our seiwices. Our Slra¢eBi¢ objectives are lo.. Pi'(Ivide 01)i)ortLinilies foi. cliildren lo learn and devcloi) tl)rougli playi Encouiuge pJi'ents and otliej. adult8 to appi'cciate ili¢ beiiefits of play., D¢liv¢i' services that are ijei-son and Lliild ceiitied- Proinutc ¢r¢(itivity ai)(I iai8e a8pJY&tion% in Bulwell., F3rin81)eople togetlier fnr niulLial Icai'iiiiig ai)d qupiiort. Pi'ovidc scrviLCS to otlier oi-gHnigaliott% Ilial cnhanLC tlieir woi'k. PJDinotc the benefjts of oiitdooi. and natuixl play. Page 4
The Toy Library Limited Ti'u5tees' Report In pui'suillg Iliese obje¢¢ives we operate willi tlie followinu values and practice%', COMMUNITY FNTEGRITY Woi'king alongside peoplc ValuTng the biiilding of relatioiisliips Nevei. giviLig llp oil anyone Demoi)stratig trustwortSiiness Bcing opcn & accessible Behaving with Èrspect at all tin)cs CONFIDENCEIEXPERTISE ENTE,RPRISE Pioll¢ei'iiig rtew ways to succeed Entsrpi'eneurial 8eillg courageous Aetlvltle$ Pi'e-school ¢liildY¢i) Sinall Steps Big Changes, Tliis (s a 8igllificant citywidc pr0gi.anit funded by Tlie National Li)iteiy following cotnpetirive pi'occss fi'om wliicli only five of tjie 152 applicaiits were siiccessfiil. TIIIS diins to iJnpJx)ve cliild d¢v¢lopment outeomes l$1)eech and coiiiniunication, 8¢Jcial and einati(Jnal development and niiii'ition} fo¥ childien iii foiiT wards of the city by intensiwc, uiiivcrsal services for faTiiilies with ch%ldren frorn conception to age foiii.. Wc gaincd a COntiCt to deliver a Fainily Mentoi" Seivicc in Bulwell. Thi5 entails intcnsive liomc visiting support and opei'ating ten sessions pei week. This requiirs tile cmployment of L6 employees and j5 tlic tmost fEnènGiully 5ignificunt geivi¢e, liowevei. the scale of tliis and its universal rea¢li allows us thc catc5t oppoilunity to furthei. our obje¢iive%. This coiiti'act was re-tet)dered in 2020 upoii which we wer¢ suc¢efu1 in gainÈng tjie coiitsRct foi" a furtlier pci.iod uf fIve years fiDin S¢picittb¢r. We p¥eviously operated Il)is SeiCe as palt of a consortium covei'illg both Bulwell and Aspley. Foi. thi5 secoI)d opporlunity those wai'ds were omini*qiniicd scp&t'ately and wc wei'e 8uccessfvl in s&ining it in Qui. own naJi)e (or tlie Bulwell wai'd. Oui. Fan)ily Meniois have woi'ked with over 5 1 I children this year. Cjroup session.8 for paiEnt8 Wltli piE-school cliildren in parts tsf Bulwcll not wiÈl)in tlic SSBC area. Ttiis also Jtttludcs waodland groups. A Mobile Ci-eclie Service. Tliis i.% a trading a¢tii?ity tlirougli wliich we pt'ovide creches to eiiable i)areiits witli youiig cliildi'en to access liiinillg. confci'enccs uiid otlicr eventb. such as wcddiiigs. 'fiiis has proved vciy poi)ulai' and siiccessful, incDIMe gaineil fi'oni iliis activily goes to sustaining rjui. cliai'ilahle sei'vices wliei'e giant incoinL l)a$ de¢i'eased. One staff nieml)er cooi'dtnates a teani of sessional staff that to delivei. Iliis serviee and most of Ilie%e Wal-ke air Incal Iienple alld ex~.Ecivite iisciB. Tlii% 4tFVlLC I)dIY affccted by tlic Cavid 19 pandemic, no ¢iEches took plac¢ aiid oiti. creche woi'ker5 were fui'loiiglicd throEighout thc pci'iod. Soine cieclies have i'&siimed but tt iemains to be seen if tlie deinanil t'elui'ns to pirvious levels. Page 5
The Toy Libi'ary Limited Trustees, Ileport Scliool-a -e_Ch_17dlEn OLIt of scliool pt'ovisi017. Our Nexi Stei)5 1?rojcct, fiinded by The Natl01181 Lx>Lltry, ReaclitnR Conitnunilies Fiind. works witli cliildren aga 9-13 Yea1 in oidei. to support Ihcin diiring a peri(Ml of muliiple Ii'ansillOI)s. This Seice was CUTlailed by tlio Covid 19 part<leTnic i'esti'iLtions but lias irtiirncd to prcvioiis levels qiiickly diie the cliildiEn beiAg vei'y keen to get out aiid i)lay together. The fiixi -artt from ilie Nation41 Lottei'y ended in Ai)i'il 2021 biit was extended foi- ihonths to #llow for an ai)plscation foi. a conliniiatioii giant to be Jnade and cottsidercd. This look place and we wei'e awai'ded a fi]itliei' tlu'cc yeaj. ¥rant that bcgall it) Septemhei. 2021. We also opcrllle coinniuiiity play sessions foi. s¢h(k)l aged cliildiEn in a numbcr of ai'e&s outsEde Bulwell acioss Noi'tlj Notlinghaiii. These have been funded by the NCC Aiea Baqed Giants progi"amme. This has coiiiinued and Ilie iiumber of ses%ioiis expL4iided in reCOltI0 Ibat we arc the oiily VCS piovidei. of play services. We gailled ad£lilional fundii)g from Tlie National Loriery 10 ¢aiTy Out iai'geieil support woi.k its outdoor Ycjiucs for yout]g people expei'iencTng tlie mo%t severe difficultit5 in coping willi the lockdowt]. Tliis ulilised our wo(Idland wliieli offered tlie safest but also tlie iiiost tlieixpeiitic ettviroiiilleiit. This inittalive lias beeii Incory)or2led into tlie.8econd Next S(cps gj'aijt fiY)iii Ihe National Lottery. Woodland activities. A medium sized woodlalld neai. oui. base p.VideS all ideal venue for forest sebool and othci. typcs of play activities for ¢liil(IIEn of all s, We utilise this for a wid¢ range ot pEovision, both foi- loral ¢hildr¢n 2nd as a veiiue to offei. servJcLS to sthuols diJd LhildcdrL' pruvtdeES. Whilst tiJis wol'l£ has be¢1) ittlri¢ted due to the pandei?iic, El lias also offered tlie best opportunities Its oifci. seiviccs whcre i"esti'iclions Ive alloRTed due to being outdoois. Ill addition, we also organised a lluIiibei' of 'treasLiIE Ii'ails, and light sliows tIllUb the woodlands and iniriled faIllieS lo visit ittdepejidcntly with Il)eii childien. The total numbei" of childr¢tt aiid youi)g people engaged thi'ougli tliL' abovc a¢tiviti¢s {itL add5tion to Ilie Faniily Mentor Scivicel thib year liave been 1204. Tl)e actjvities listed above align directly willi our strateg¢ objectives atid conti'ibute con%i$tently to our Cliaritable Obj¢cts. TIITS YUI. tli¢y also reflecl signifieai)t piogiess against our shoi-uiiicdiuin tei-ln sttategy i tliai our delivcry of Ilie Faiiiily Menior Seice foT Ihe SIMall Sleps Big Changes pio&NI'ainmc lias extendeil our reacli. We al'e now ablc to offer iEitCJiblV¢ suppol'l to all fainilics witli children agcd 0-4 years. Pei'foi'maEICC In oi'dey io measuiE and InoiiiloT our pcrformancc towards achicving oui. objectives we carl'y otit the following.. A¢tivity Record nuinbei. of group sessions rui) der all categories orSeiCe. Record nurnbei" of ijidiyidual Childrett and adults alieiidiiig gi'oup s¢ssions. Record the llnb. of atleii(lances al gi'ovp 5&55EOIIS. Record acliviiie5 delivti'ed at gi'oup sessions. Recoi"d all horne visiw uiideitakeii. Inipact We i)roduce IEgulai' ca8e %tudies lo ti'uck tlie qualitative cliange5 tlial take place in tlie lives of tlie eliildi'eii and faniilies ivitli wlioiii wc woi'k. Wc Ait developiijg a coii%islent i)i'oe¢.%s by which to nieasiire tlie social iinpact tlial oui. aclivities leèd to aiid Iv deinonqti'aie Ilie ditfeiri)Le Diii. woi'k is Inaking. Page 6
The Toy Libi"ary Limited Trustees, Report Achieveilletjts alid perfortnance As i'eportcd last ycaF we continuc to deliver a Fainily Mentor Sciwice in Bulwell for the Sillall Stei)g Big Clianges pt'ograininc. Wc now liold Ihis coiilracl in oui. own Jiaiijc for a fui'(heJ' pei'iod of five yeats. Oui- leiL Tll of 16 Fainily Mentoix liave been trained and al'e taii'ying ollt regulai. Iioine viglts ruiiiiing l O gi'oui) 8¢5810n5 pcr week and tlie total Eiuniber of cliildirii enga¥cd in Biilwell 11&5 iiow exceeded 800. Oiir pei'forinance against tlic CQllliaclual rcquireiments IEmains vei'y stioi)g. We have been coii)miss%oned to pi'ovide play work seJwi¢es a¢ross the noi.th of Nottingliam city. Oiir Next Steps PIDje¢t, ftinded by dic Nation&1 Lotlei'y Coininunity Fiind, h&s been awai'ded ¢ontiniiation lldiiig cnabling it to operate until Aiigust 2024. Plans for future peTiods Aciii*iliespluiiii¢d ro uehieiie Qiiiis Our plans air suminarised below.. HavitEg giown in %ize. l.each and capacity iecently we continue to wal'k to con501idate our p05ilion and eiisure tliat wc i'cniain cffcclivc and cfftcicJ]l in pj'oviding oui. scrviLcs and activities. Tlie Covid 19 pandeiniL ivas dcvaslaling fo¥ all. Oui. coinilliiniLy iii Bulwell lids been sevei-ely affected and eliildi'en and young people in i)aiticiilar liave siiffeird by inissing educatLonal opporthniiie% {lieiglitened by la¢k of atccss lo fT resourrcs) and thc csscntial social dcvElopm£nt usually cxperienced ihi'ough school attd local play opJy)ituniti¢s. Oui. priniaiy task is to SLlPPOlt tlie iE¢oveiy froni tl)is in every way p05siblc. The Triistees exatniiie and assess the plgiSS and Eromrth made recently with regai'd to oiit i'elationship willi th¢ lo¢al ¢omJiiunity and the ¢on¢¢iil of "optin)iim siz¢,' This is based on tli¢ii' awareness of thc bcnefit5 of beii)g small %¢al¢ aiid a¢c¢ssible as set agaiitsi ilie benefits ofoperating gs a larger oiEanisatioi). Tlieir aiiL is to suike a balance iii ordLI' lo nmiiiiise oui. ¢apè¢iiy and in)pa¢t WLtlioul thi'eatening our rclatiollsliip aiid t)st widi local people. Wc will continue to pi'ovide sector leadership ill tlic fEeld8 of play woj'k and fainily services. Po¥li¢ulai'ly in th¢ liglit of cuirent and exi)eeted iEductlOllS Ill local autliority services. Witli i"egai'd (o play se]vices, as ihe local dUtI)oi-ity play seivices al-e bcing ¢e¥tsed we a¥¢ recognised as tlie only orgaiii5atioR wEth slcills and ability to delivci. tliis essential woi'k. Fundiiig lias been agrced tliix)ugli Ilie SSBC pl.0u[nme to lent shop pirintses in Btilwcll lown ctiitre and establisli a drop in latnily ceii¢iE Iliat will be staffed by Family Mejitois. This is based on a pi'oje¢t 01)erat¢d iii Oxfvrd boiiic tiille ago nained Rooiii To Play} 11)Ts wa5 cvaludted by Oxford UiiiveiBlty and judged highly suc¢essful in ¢nga¥ing will) SO Lalled 'haI 10 IEach' (arnilies we hopc lo bcgin Llii5 in suniiner 2022. FlnaKcRAI I'evleiv AS was 1'¢1?orl¢d last yeai., tlie Sniall Stcp% Big CliJngcs ISSBCI baniily Mentoi. ¢ontract wliicli runs dirdijgli to M&rch 2025. liag stabilised oui. finances siicli LI( at tiic yedr end oui. gcneidl Iitu"eslri¢led reserves were £49,770, tiiis after a uaiisfcl" of £24.754 to ow. redundan¢y irserve, The iEs¢rv¢s yeaL' cnd balan¢c of £27,611 iepresents tlie lion SSBC staffs iEdiindaiicy liabklity as at tlie yELll ¢iid. Tlie GuvenTrnient's Covid 19 Job Rclciilion ScheiiTre which eijded in scplelnb. 2021 fTrllowed lis to i'elaiD oiii. excelleni .%taff whicli was vital in allowitig us lo bc ablc to conliiiue lo %eive tlie cliLldi'en irt Bulurell. This tageiher wtI) our intrease itt unirsts'icled ie8erves iiieans tlial we will be able to exteiid our l'each to evet) mol'e Page 7
The Toy Library Limited Ti'ustees, Report Policy ie.ferve We aim to build Llp I'eseives in ol'der to be prepaiEd for unforeseeii ¢iirui$tanC¢$. We aim lo hold an applvI.iate level of i'iiMiiiig expenses tn L"cscI"ves, n¢)minally thir¢ months ninniiig cost5. and have appEopriat¢ redui)daiicy re8ei.ves iii place. At the eiid of Ihe finan¢ial yeai., total nel asscts of £258,37712021.. £1 37,908) were lield iLicludii)g a iedundaacy reSee of £27,61112021.. £6,519)., Ihe contiijgency Ktsei've was ftli to no lohgei. be ncedtd £NIl {2021: £1,233) and a irciuitiiient resei've of £2,588 (2021.. £Nil) the recwiln)c&it i'cseive will all bc spent by the ei)d of 2022-23. A balance of £178,408 (2021.. £126,332) is lield iii Resti'icted FLIEids. Statenient of TIwstee$' Re5PO115Ébslil¥es Tlie trustee (who are also tlie dii'ectors of Tlie Toy l.ibrary l.iinited toi. Ilie puiyo8es of conipany law) are I"&%ponsible foi" preFiaring dic tIUStc¢s' iepoj't and the financial statements in aLcoi'dance wtth the Utiiied Kingdoim Accounti&ig Staiidai'ds- {Unii¢d Kingdoin Generally Accepied Ace(Juntiiig Praciice) and applita131e law and rLglllalions. Mie repoi'i alld aecouiils liavc bccn PTepared in accoi'datjce witli tlie PLDvision.8 in tlie Cot]ipatLiets Act 2006 ielating 10 sinall companies. Compally law i'equii'es the ts'ustees to p¥epaie finaiicial slalcnienls for eacli finaiicial year. Undei" COTnpany law Ilie iYu8lees must not appiDve tlie fjiiancial stateiiiellls unless they al'e satisficd tl)at tliey give a true ]d fai¥ vicw of the state of aftaiis of the chui'itsble coiiipany and of its incoi)iin2 i'esoiirces aiid apiilicattan of rtsoul includllg its iiieomc and expendittW¢, foi. that peiyod, In i)iepai'ing tl)ese finaiicial statenieiits, the tsusiees ar¢ Irquired to.. sele¢t suilable accounlins policies and apply theill consistellily; obs've the niethods ad pi'lllciples in the Charities SORP; Inake judgemei)ts' and estimates that are reasonable and pnidenl,. slaLe wlieilier applicable UK Aceoiiiiting Standal'ds have betn followed, subject to any nTratei'ial depai1Lires disclosed and explained in Il)e fjttancial siaieinents, and prepare the fiiiancial slateinents on th¢ goiiig concern basi5 uiile5S It is iiiappropriale to Pl'¢5ume tliat tlie ¢harit8ble coinpaiiy will continue in business. Tlie liustees al'e resi)onsible foi. keeping adequatt accounLiiig retoi-ds Ilial are 511fficient to sliow artd explain tlie cliarilable coini)aiiy's ti'an%&ctions aiid disclose with I'¢asoiJable a¢LuiBcy at any tiine Ilie 17¢11 position of tlic cliaritable coinpany and lable tlicni lo en.%utE that tlie fiiiancial 51alem¢nls coinply willi tlie CoTnpaiiies Act 2006. Tlicy ai-c albo Icspvjisible foi. safeLwardillg Ilie assets of IlLe eliaritable company and lience for taking reasonal)le.%tep% foi. Ihe pi-eveiilioii dlld deleetion of fraud and otliei. iri'egiilai'ities. Sinall coinpaijies Pl'OVlSiDii statetnent This i"epoit lias beeii pi'epared in 2c¢oi'danLc ividi the small cotnpanies regime und. tile Conipat)ies Act 2006. Tlie aniiual iepayl waq 4lPPJ'oved by the tI'ltee8 of the cliarity oll l November 2022 an(1 signed un it& liall. by.. Bi13 Ti'LlStee Page 8
The I'oy Libi-ai'y Limited Independeiit Ei xamiiier'ti Report to the ti'ustees of The Toy Libraj'y Limited Independent exRtiiiner's i'epDI't to the tt'llstees of Tlic I'()y Llbi'ary LAmited {'thL C'nmpaiiy,) I repoi'l to Ilic chai'ity iru%iees on my exaininaiion of Ilie #Lcounls of the coiiiiiany for Ilie yeai. cnded 31 Marcli 2022. Re51)021sibilitie8 aiid bA5i$ of i'eport As tlie ehai'ity's Iiuslteg of Ihe conipany (2nd 21$0 its diie¢tors for tlic puiyose% of coinpaiiy lawl you ai'¢ responsible foi" the i)Jepwatiun of tlic accouttis in acoordajice with the i'eqlliremenis of Ihc Conipanjes Act 2006 I'the 2006 AGI,). 14aving salisfjed Inyself Iliai the ac¢ounis of the Company arc t]ot requiiEd to be audited under Part 16 of tlie 2006 Act and ar¢ eligiblc foi independent exaniiiiatEon, I report in i'especl of my exaininaiTOrt of your ¢]l'lty'S accoiiiils as caiTied oiil Ulldci. section 145 of tlie Cliarities Acr 2011 I'tlie 2011 Acl'l. In cai-JyinR Out Ii)y exainination T liave followed the diw¢tioJis giv¢Ii by th¢ Cliarity Coiniiiissiotj iillder section 145(5} Ibl of Élle 2011 Ael. Indepeiideiit examiner's statement Sillec the CoiJ]pany's 81.oss ineome exce¢ded £250.000 youi. exnIner inust be a iiieniEtr of a body listcd In section 145 ot thc 2011 Act. I coiifii'ni tliat l am qualsfjed to Ulldei'lakc the eXl19t10n be¢8use l 11 a i))eiiiber and Fellow of the Association of Charity Indepeiidenl F.%amiJiei's, wlii¢li is oiie of Ilie IEsled bodies. I liave cojiipleted iny exat)iination. F coiifirin tlial no rtJaiteiB have wine to iny attention iii coniieclion willi the exanitnation giving me cause 10 believe Ihot in aiiy iiiAtei"ial r¢speci'. accounting records were not kept in respect of (lic Company as requii'ed by se¢iion 386 of Iht 2006 Act; oi. 2. rhe a¢counts do not 8c¢ord witli those ireoi'ds,. or 3. the accollnts do not comply willi (he aecouiiiing iEquii"emenls ofse¢tion 396 of tlie 2006 Act othei. tl)an any requirement that the accounts give a 'li'ue ld fair, view wliich is not a tter eojlsidEd as pait of ali ndependent examiiiation., or 4. tlie accouiit8 liave not beeii pitpared in accoi'dan¢c witli tlic Inethods and pi'inciples of Ilie Slalement of Recojnmcndcd Praciice for aetounting 2nd repoi-ting by ¢hai'ities [applic&ble lo cliat'jlies pr¢par%ng their a¢¢(Junts in accordanco witli the binancial RepoTting Standai'd applicable In Ilje UK artd Republic of lirlalld ITrIIS 10211. I have no coiicei'ns at)d have Come across lio other nialtc¥.% an coniiection wkilj the ex1]InatiOn to whith atientio should be diawn iii tlii5 l'epoit in oi'iler to enable a piDI)ei' ujiderstandillg of (he ac¢oiints to be i'eaclicd. Jolin O'BI'ien Msc, FCCA, FCIE, cinployec of CDmiMuiiity Accoiinting Plus Fellow of the Associatiort of Cligrity Indepei)dent F:x*minei"s Units l & 2 Noi'th Wc%t 41 Talbot Stirtt Noitirtgliaii) Ncyl 5GL Dale.. ..21..1.112Q22.... Pagc 9
Tlle Toy Librai'y Limited Statement of Fi inaiicial ActRvitie& for tlie Year Ended 31 M#reli 2022 (Including Income and Expenditui'e Account and Statement of Total Recogiiised Gains and I,osses) Total 2022 Total 1021 Uni'estricted Resti'icted ote Incoine and llldoiTrmeiits fi1. Donatioiis aiTrd legacies Chai'itablc activities 104,571 26,769 104,571 732,924 69,991 734,389 706,155 Totsl Inconie 131,340 706,155 837,495 804,380 I xptRdituYe on.. Charitdble activities {62,947 654,079 (717,026 1789,5661 Total Fpe11ditllre C)2,9471 1654,079 1717,026 1789,5661 Net incoine 68,393 120.469 14.814 Net movement in fvnds 68,393 52,07CI 120,469 14,814 Recoileiliation of funds Total fiLnds brouglit forwÉu'd 1,576 126,332 137,908 123,094 Total funds tan'ied foiwaTd 17 79,9C)9 178,40£ 258,377 137,908 All of tlic ch'Ity'S aclivilies dei'ive from collisnuing operations dui'ing the above iwo peri(xls. The fidS bjtakdown for the period is sliown in 17. Tl)c not¢s on pages 14 to 24 foi'ii) an intew'al part of Lhese linaiicial statements. PBe 10
I'hc Toy Libi'ary Limited Statement af fiiiiaitcial Aetivities foi, the YeAr Ended 31 March 2022 (Including Income and Expenditui'e A¢¢ount and Statcinent of Total Recogiiised Gaiiis and Losses) These Are iht figiires foi. tlie pi'evloiis *¢countiiig pei'iod aild #i'e iticliided foi- comparative purposes Uni-e5fi'icted Re5ti'icted Tolal tunds ruthd5 2021 Note Incole and r dowments (i-oill- Donations aiid l¢gacies Charitable activitE¢S 69,991 9,814 69,991 734,389 724,575 Total ittcoine 79,805 724.575 804,380 Exyenditure (bn: Cliaritable activities (81,8541 (707,712) 789,566 Total expcjiditure (81,8541 {707,712) (7S9,566 Net {expenditureYin¢oll)e {2.0491 16.863 14,814 N¢l Inoveincnl in fuijds {2,0491 16,863 14,814 Reconciliatioll of funds Total funds bTOLi¥ht forwdrd Total fviids caiyied foEwaid 13,625 109,469 123,094 11,576 126,332 137,908 The notes on page$ 14 10 24 forti) an irttegi•l pai"1 of El)ese fiT)an¢i21 $12tements. Page El
The Toy Libi-ary Limited (Registration number: 05687000} Balance Sheet as at 31 Mai-ch 2022 2022 2021 Note Fixed assets Tangible assets 15,907 19,021 Curi'ent %55ets Debloi Casli at bank and in liaiid 24.171 246.472 43.676 I45.3 10 270,643 188.679 CiYditot'5: Ainoiints f#lliiig due iylthlii one }'eAr 28.173 69.792 Net eui'rent assets 242,470 118,887 Net assets 258.377 137.908 4uThILs of tlie cliat'ity: Rcstrieted itheome firixds Resl¥icled funds 17 178,408 126,332 Uiire5ti'icted incoinl. fuiids Unrestrictcd fullds 79,9CI9 11,576 Total fuiids 17 258,377 137,908 For the financi81 yeai. ending 31 MaiGh 2022 the ¢liariiy was entitled io ¢xeinption frol audit under section 477 of tlie ColpanieS Act 2(106 I'elating lo siiiall Colmpanies. DiTectoi'S' SpOnsibilitieS.. Tlie inctnber4 Iiave not requii'ed the churity to Obl111 an audit of its account% foi. Ilie year in quegiioll 111 accoi'dance with section 476; and Tlie directoib a¢knowledge tlieii. i'e.%ponsibilities for cuniplying witli the requiremenis of Ilie A¢l with respecl to ab¢ounting records and ilie prepdi'a(ion of accoun18. Tliese finan¢tal stateni]. have beeii pjepared in accoi"dallcc with thc special piovisioiis rcIati[ subjcct to ihc sinall ¢oinpa]iies irgiiiie witliiii Pait 15 of tlie Con]panies Act 2006. to companic5 Tli¢ fiiiartcial statenieiits oil pages 10 to 24 were ai)proved by Ilie ts'ustees, 2nd autliorised foy issue on I NovembLI' 2. lid signed on their bclialf by., ain slee The notcs on pagc5 14 LO 24 foixn an inlegral i)ai"i of these I$ncIal sldtcn)cllts. Page 12
The Toy Libi'2ry Limited Statemeilt of Cash Flows foR' the YeRr Ended 31 March 2022 2012 2021 Note Casli floivs froin opci'aling activilÉes Net casli income 120,469 14,814 Adjustmeiits to cAsli flows from noii.easlJ itetiis Depi'eciatioii 5,412 6,627 125.881 21,441 Woi'l(Èiig capital adjustmeiits Decrea%el{iticrease) iii debiors (Detreasellin¢iEase in ¢Jr<lttors 19,505 41.619) {2,5831 34,023 Nct eash flows fi'oin operating activities 103,767 52,881 CasIL flows frojn investtng activities PLirclJ2se of laiigtble fixed assets 12,298} {8,323) Net incirase iii cash and casli Cqulvdlcnts 101,469 44,558 C&sh and ¢asli equiYalei2t5 at l April Cgsli and ¢Jbli Equivalcnt5 at 31 mai.cli 145,003 100,445 246.472 145,003 Re¢on¢ili9tioiL of net easli flow to Inovement lil net furtd5 Increase itk ¢asI) 101,469 44.558 Nel thnds at l Api'il 2021 145,003 100,445 Nct fiillds at 3 1 March 2022 246,472 145,003 All of the casli flows are dei'ived fiy)In continuing operatioi)s dui'in¥ the abov£ two pciiods. Tlie notes oil pages 14 to 24 fom an ijitcgral pail of tliese fiiiaiicial sLttetnen(s. Page 13
The Toy Library Limited Notes to the Financial Statemeilts for tlie Yeai. Lnded 31 Mareh 2022 l Accouiitithg polieies Sunimgl'y of significiijt accouiitin£ pollelL's Iiey accountiiig estimates Thc principal accoiinliiig poli¢i¢s api)lied in tlie i)i'eparation of Iliese finaocial staien)enis are set out below. These policies have becii eonsis¢enily applicd to ltll the yeai's presented, uuless otlietwise stated. StRtL'inent of eoMplian¢e ThE financial %laicTntnls liave bccn pirpai'ed in accordance witli AeLouii(ing aiid Repoiting by ChaYilics-. StatcinenL of Recoiiiinertded Pi'dciice {ai)pl¥cablc to cliai-ilE¢s pYepaTing ilieir accounts iii accordai)ce witli tl)¢ Financial Rtpoi'liiig Staiidaid ai)plicable in Ilie UK and Republic of Iieland (Fks 1021) Iissucd In olber 2019) {Lharities SORP IFRS 102)). Ihe FiTrc111cJal Reporting Standai'd applicablc iii tlic Ull ad Republi¢ of Irelatjd (FRS 102) and tlit Companies Act 2006. Basis ofpreparatio The Toy Librai'y Liii)iled metts tlie defiiiitioii of a public bei)¢fit entity uiidei. PRS 102. Assets aiid liabilities al'e initially recognised ai Iiistoi'i¢al ¢ost oi. li'ansactioR value ullless otherwise stale4 iii tl)¢ I'¢l¢vaiJt a¢counlii policy notes. Going coiicorn The tinancial statemcnts have been pi'epaird on a going COnceJ basis, The Irusiees asses% wljetliei. tlie Ll5e of going concern is appropriale i.e. wlieilier tlieJE alE any i)iatcrial Iincerlaintie% ielated to evenis or coJidit10115 that inay tast significant doubt on the ability of d)e clidl'lty to continue as a going ¢on¢¢im. Tl)e Imstces Jiiake thi8 a$8es8inent in rcspcct of a pcriod ol. one year fi'oiii tlie dale of aPPToval ufilie financial statctnciits. I¢nIC and eiidoiviiients Voliintaiy it)coine incliiding donatioiis, gifts, legacics and grants tliat piY>vide core Cundllkg or ale of a gencial natuie is i"ccognis¢d ivhen the ch'ltY h95 eiiti(lement lo th£ ITtcoine, It is probable tlial the inconie will bc i'eceived and tlie atnount can bc IneasiEJed with sufficient reliability. Doitrrttitsn.f aipdlegueies Do£tIonS al'e iEcogniscd whtii Llie chai'ity li( bcen nolified in wi-lling of bt)tli the amoiint diid scltlejnenl dale. Iii Ilie evejit thut a donHIioM 1% 8ubject lo condit¥oii% iliat 1'eqliE a Icvcl of prrformance by Ilie cliai'ity befoiE ilie chai-lty is eiititled to tlie fiinds, Ilic incoixe is defen'ed and not I'CLO8llised iinlil eTtliti' Ihu.%e condiLit)ns dre fiilly met, or the fuifilinent of Iliosc condstiuns is wliolly wilSiin dic Conti1 of tlie cliariiy aiid it is pi-obablc tliat these conditiolls will be fulfilled In dic i'cpot'tin8 pcl'iod. Gi'aiil.f receivttble Gi'aiils are iEcoBniscd whcn il)e cliai'ity lias enliileinertt io the funds and atiy cuiidiliuns linked to Ihe grdiits have beeii tnct. Where perloiii)ance coiiditl0n5 arc attached to thc ¥idni anil are yel ta be mel, Ilie incotne i8 i'eeogniscd as a liability iii¢liided oil tlic biilancc sliL¢i as defeiyed incc)iiie to be i-eleased. Pagc 14
The Toy Libi'ai'y Limited Notes to the Triiiaiicial St#tement5 for the Yeai- Ei nded 31 Mai-ch 2022 i xpenditui'e All expeiidituiE 18 recognised once tliere is a le£al oi. constructive obligation lo that cxiJcJidituir, it is probabl¢ settleiment is requii-ed and Ihe ainount can bc n)easuiEd ieliably. All cosls are allocated to tli¢ applicablc exp¢IidElur¢ heiidiiig tliat uggi-egyte 5iinilai- ¢osls to Ilial catcgoiy. Wlierc co.%ls c8nnoL be dii'ectly attributed lo pailiculai. headings tliey 118ve beeji allocaled on a ba51S COllSjStetit willi tl)c usc of i'csolli'ces, witli £enlYal staff costs 811ocated tjn tlie l)asis of tiine speiit, aiid depiEciaiion cliaT'ges alloLated 011 tlic purliun of the assel's use. Other suppor( costs ale allOted based on tli£ spiead of staff cosis. Cliopilablc ucliijirfie.Y CliarÈtable expelldi¢Lire comprises tliose ¢osts incurred by Ili¢ cliaTlty iii Ihc deliveiy of ils activilics and set'vices foi. its beiiefIciaries. It includes btjih costs that call bt allocated diirctly to sucli activities and tliose costs of an indircct iittture ncccssaiy to suppoit thein. T2y2tloik Tlie el)ariLy is ¢unside¥ed to pass tlle tests sel out in Pai'agrapli S Schcdiile O of tliE Finance Act 2(Fl O and Iherefoie il meeis Ibe d¢fiDilion of a thai'ilable toini)any for UIQ coiporation tax PiTJPOSCS. Accoilingly, Ilie chai'ity is potentially exempt fiDm tsxation in J'esi?ect of inconie oi. capital gains Irceived williirt categoi'ies coveiEd by Chapta. 3 Pai'l I l of tlie Cojyoixlion Tax Act 2010 or Section 256 of ihe Taxation of Chai"geable tiains A¢L 1992, to tli¢ ¢xt¢nt tliat sii¢l) in¢oiiie OT gains ar¢ appli¢d cxrlusiv¢ly to clui'itablc puipo5CS. Tlngible #ssets Individual fixed assets. costll)B £500.00 oy i)ioi'e al'e initially Tecoi'ded at cost. Depreciatlljm and aiiioi'tisation Depieeiaiioii is provided oji lai)gible fixed assets so as to write off tlie cost oi. valuatEOlI, le&% any e8tiinaied residiial Vale, over tlieir exi)ecled usefi]l econoimic life 2s follows.. Asset clAss Depi'eclation tiietljod 1'2tÈ Ir equipinei)t J3.30/o oil a sii?iglil litie basis CJenei'al eqliipment 20.OVo on a sti?iglit linc bclSIS Motoi. velii¢les 20.0 /0 on tt btsutght line bAsis Biiilding iinproveihents 10.0 /0 on a stialJ t Isne basi$ Thc c05t of land & biiildings in¢ludc(l irj the balance slicet but not dcpreciated is £lO.OOQ. Ti'ade debtol's Ti7de debtOTS al'e aniounts due fi'oni Cst011]e[S for Liieirliandise sold oi. seivices perfoi'nied iii tlie ordinary ¢oui3e of business, Tjytde d¢l)tois ale i'c¢ogiiÈsed iliilially al Ilie iYansa¢tion price. Tliey t)rc Subsequently Imeasured at aniortised cost iising tlie eff¢¢tive iJilere51 metliod, les% piovi.%ion foi- imi)airiiTreiil. A i)rovisioll foi. the iiiipairnieiil of trade debioi's is establi%lied wlien tlierc is objcclivc cvidcncc tliat tlie cliarsly w511 not be able to ci)Ilcct all aiiiount% due accoi'ding lo tlie oi'igiiidl ierjns of tlic irceivables. C#sli xnd cash eqiiiv#l¢Jits C.a8h and ca8h equivaleiiLg coinpj'ise Cl17 Oll hand and call deposirs, and olliej. shorl-t¢riD Iiiglily liqiiid invcsln)enls tliai 8rc i¢a<lily coTiverlible to a known aixouiit of usli Jnd al'c siibjcct tv an insiginificant I'isk of chaiige in valiie. Page 15
Tlie Toy Libi'xry Limited Notes to the Fiiiancial Statemejits for the Year Ended 31 Mai'eh 2022 '1'1-gde ei-editors Trade ci-editoi's al'e obligutioiis io pay for good% or servi¢es rlia( liave been acquired ITr the ordiiiary ¢oursc of biisiness from sui)plier5. Accoiii)ts payable are ¢lclS5ified as CUYiEnt lial)ilities if the chai'iLy does noi liave ali uncoiidi1i4)nal I'iglit, al Il)e eiid of tlie i'epoJtii)g pci'iod. to def 5Cttleineiit of tlie cj'ediior foi. at lea8t twelve In(Inths aftei- the rei)OTting date. If Ihcit is an unconditional I'igljt to defei. settlcJncii( foi- di Icast twelve inorttlis after the repoitiri&T date, tliey arc pi'cscnied as iion-CUnEllt Iiabiliiies, Ti'ade ciY4litoi¥ are iEcognised initially at the transaction price and .%iibsequently IEJe&siii'td at aniortised cosi usirtg ilie effective iniei'esi ikn¢tliod. riind sti'ucture u¢St1.1¢tcd iiiconie fviids are genei'al fvnds th%t are available foi. llse at the trn8tees' dis¢retioo in fui11i¢raii¢¢ of the objectives of the dl'ity. Designaie<E funds air unwtricted funds 8et asidc foi. specific puiyose8 at Ilie disclEtOi1 of Il)e trustees. Restricted tneoine funds aiE tljosc grants for iise in a pailiculai. area or for specific piiiposes, tlje of wliieh is i"csti"icted to that ai'¢# oi" puiyose. PeiL$i0115 alld othei. post re¢ireit)cnl obligations Thc cliai'ity op¢iMtcs u defined ¢oiitriblliion pension scheme for eiiiployees, The a.ssets of the sclithii¢ al'e held separately fiY)m tliose of tlie ¢hariry. Peii8ion costs CIl.8eS in the Staiejnent of finaneal Acivili&% represent the conlribuiions payable by the chaiity duri1 the year. 2 1ncon]e frojn donations legacies Uni'estricted fuiids Geiieral Total 2022 Total 2021 Donatiot)s and legacies. Doiiaiions fi-oitt individuals Grants, incliiding capital graiiL8', Goveynnienl Lyanis Giai)Iq fi'om ton)pantes 949 949 103,622 103,622 60,555 9,436 104,571 104,571 69,991 3 liicome fj'oiii chai'itahle actii'itieS Uiii-esti'ittLd Resli'iLtcd funds Total 2022 Geiiei'al 2021 G2antb' & doiiations Sales & fees 706,155 706,155 26,7()9 724,575 9.814 2(),769 26,769 706,155 732,924 734,389 Page 16
The Toy Librai'y Limited Notes, to tlie Fiiiaiicial Stateinents for tlie Year Ended 31 March 2022 4 FJxpenditure on chai'itublL activities UrestrICted funds Designated Geuci'al Resti'icted fuiids Ttstal 2022 Total 2021 Cleaning Dcpic¢illlion Equipmcnl, repairb & ilnewals Events & aettvities FoiYsti"y & eiivirotunental Hospitality & Tefresliments Ei)suixnce tLgal & pi'ofessional Marketing & proniotion GTaiit payment to i)aTlner oi'ganisatioll Ovei"Iiead i'echarg&% Payi'oll service Pi'emiscs maintenance Printing, piiblicity & proniolioiis Publications, subsciiplions & 1,097 5,412 441 6,066 695 1,792 5,412 1,4(X) 15.548 3,108 6,627 6,362 22,424 959 9,482 300 4,131 4,626 4,427 4,727 4.131 15,155 261 4,836 20.771 40 347 10,182 14,245 {91,9941 560 1,021 91,994 560 4,690 430 751 3,669 54 S4 1,099 105 105 338 12,497 1,140 2,037 2.507 5,044 20,816 43,141 564,367 2,191 3,290 6,065 ReCiltInent Room hii'e Staff clothing Slaff expenses Slaty tixining Slalioiiery & officc costs Telephone, postage & inteinet Volunleei. expetise% Wages, Nl & pension Van costs Utilitics GraTils repaid Bank Gliarges 176 162 1,086 129 552 750 4.)( 36 14.053 385 1.485 1,757 108 6.763 43,141 459,764 950 1,801 551 7,869 20,905 11,353 660,967 1,002 3,773 3,662 100,941 1,241 3,290 6,065 4,185 58,762 654,079 717.026 789.566 Page 17
The Toy Libi'ary LimÉted Notes t() the liiiiaii¢ial Statements for tlie Year Ended 31 Mai'th 2022 5 Net incominglolltgoing i'esources Nct incoining resoui"c&% foi tlie year include.. 2022 2021 Ikiiieciatioll of fixed assets 5.412 6,627 6 StalT costs Tlie #ggi'cgate payioll costs weje a% follows.. 2022 2021 Staff eosts dul'ln2 tlie year were: Wagcs and salaries SoCal sccui'ity costs Pension Costs Conipeiisatioii paymenls 508,385 27,664 24,656 3,662 599,339 31,886 29,742 564,367 660,967 The monthly averagc num6ei' of persoos (including senior i)19nageLnent team) employcd by the ¢harity during Ilie yeai. was as follows.. 2022 No 2021 No Average nui)Ibei' of eniployees 40 52 22 {2021- 28) of tlie above ¢inployees paiticii)llled in tlic Defiiied Conti'ibutioti Penston Scheiiies. CoDlI'ibulions to tlie employee pension scl)enies for the year totalled £24,65612021 £29.742). Dui'ing tlie yeai., tlie cliarily ma(k redundartcy an&oY tc11InatIQ1i paytnEiits wliicli totalled £3,66212021- £Nil). No einijloyee received eimoliiments of more Ilian £60,000 dui'illg tlje year. The total eiiiployee beiiefiis of the key maiiagemejit personiiel of tlie cliaj'ity wei'e £52,447 (2021 £59,286). 7 fiC¢S payibl¢ ¢0 independciit exA1intr Dui'ing tlic pei'iod, tlie lees payabl¢ {cx¢ludiiig VATI to tlie cliat'ity's itidti)eIidenl exaniiiief Coiniiiunity Accounting Plus are aiialysed as follows.. 2022 2021 Indepcjident exatniiiitioii 1,500 1,450 Page 18
The Toy Libi'ai'y Limited Notes to the FiJAaiicial Statements for the Yeai. iided 31 M&reh 2022 8 Tangible fixed a55etS Laiid and building$ General equipmeiit Motoi. veliiele5 Buildiiig inEpi'oveillents equipinent CDSt At l April 2021 Additions 10.000 14,933 3,995 21,144 50,072 2,298 At 31 Maych 2022 10,000 14,933 3,995 21,144 2,298 52,370 Depretiation At l April 2021 Cliarge foi- Ilie yeai. 14,493 799 15,759 31,051 440 800 3,942 23 5,412 At 31 MaTclI 2022 14,933 1,599 19,701 230 36,463 Net bool( valuc At 31 March 2022 i 0,000 2,396 1,443 2.068 15,907 At 31 Maj'ch 2021 10,000 440 3.196 5,385 19,021 Inclildcd witliin tile net book value of land dnd buildtngs above is £10,000 12021 £10,000) in ie5peet of fiteliold land and buildings and £Nil12021- £NIl) in respect of leaseholds. 9 Debtoi 202Z 2(I21 Trade dcbtoi% Prepayineiit8 Otliei. debtoiE 3.057 1,686 24,171 43,676 IQ Cash and c9slI equiv3leiJts 2022 2021 Cas11 on hat)d Ca81} at baiik 128 246,344 195 144,808 246,472 145,003 Page 19
Tlie Toy Library Limited Notes to the Fiiiaiicial Statements ftor the Year Ended 31 Mai'ch 2022 I I C.i'ediloi'5: ainounts falliRg due Trvilliin une yeai. 2022 2021 Trade CiEdEtoi Otliei. tsxaiion and sixial Surity Ot]ier Li'cditors 20,084 6,289 1,800 60,129 7,923 1,740 28,171 69,792 12 Chai'ity stAtu$ Tlie cliai'ily is a eompaiiy liinited by guai'antec and consequeiiily docs not have slidrB capital. Each of Ihe tiii.%tee% i.% liable Éo colllribuie an aiiioiinl not exceeding £1 towai'ds the asqel8 of ihe charity in Ilje event of liquidation. 13 Preinises The Premises, which was originally a City Couiicil Comjnutiity Cejitre, was i)ur¢hascd by the Toy Librai'y 2006 for £10,000, Iiowevei.. tliere exisL% a covenant sA41ich i'esli'icls Ilie sale of the pi"opei"ry. Ir the pi'operly 18 501d, leaseil oi. disposed of, tkne Toy LibI21y will pay the City C.outtLil 90 /0 of the opeji Inai'ket value. Ai pirsent the iiroperty ts insui'ed for £200,000. The value of £10,000 is included on the balai)ce sheet but not depreciated. 14 Ti'ustees i'einuner*tiUJk aThd expL4n5C5 Nn tiustees, nor any persons connected witli tlTrein, liave r¢fycivcd any ieinuneTalion frojn the cliarily during tlie yeai.. No tt'ustccs liavc receivcd aiiy rcimbuLBcd cxpcjiscs oj. atiy oihei. bencfits from the chai"i(y durii)g the year. IS Taxation The charity 1.8 a regi8iei.ed cliai'ity and is therefore exen)pi fi'oni taKatEon. 16 RLblated party ti'atksaetiniJ$ Thei"e were no i'elaied parly transactioris Ill Ihe yl.. Pagc 20
Tlie Toy Libi'ary Limited Notes to the Finaiicial Statements foi. the Year £1 nded 31 March 2022 17 Funds Balance at 31 MaYclL 2022 BalgiJc¢ at I ApT'iI 2021 Imcomtng re50UI'C¢$ Resourees expertdtd Ti'giisfei's Unrcstrreted funds Geiier41 Core C05t5 3,824 131,340 158.762) {26,632) 49,770 De.figrialefl Redundaiicy Resejve Contingcncy fund Rectvitment Reserve 6.519 1,233 (3,662) 24,754 (1,233) 27,61 523 2,588 7,752 (4.185) 26,632 30,199 Total uijrestrlcted t'und$ 11,576 131,340 162,947 79,969 Re¥li'icltd funds Wondei. Woods Barlccr's Wood & Sycainore Aboretum Playdays Capability Building Forest Families Faillily MentoiE progiuinme l)laybaek Toy box ABG 29May1961 Next Steps (Big Lottery) QMC Playdays (4.146) 2,245 4,500 3,996 6,183 13,975 (2.037) 114.639) 1,581 4,5(X) 13,996) (1,363) 1434,787) {605) (2,070) (71,6981 (2,242) 1120,6421 9,919 438,276 8,556 73,779 70,290 605 2,070 5.400 4,400 34,482 2.49Q 68,878 3,000 165,924 2,580 5,158 79.764 2.490 Total Ye$ti'lct¢d fuiids 126.332 706,15.5 654,079 178,408 Total fund 137,908 837,495 717,0261 258,377 Page21
The Toy Libi'ai'y Limited Notes to the Financial StYAtements for the YeaR' nded 31 March 2022 Tlie specific piiiyo.%es fov wliich ilie fiinds are ti) be applied are as follows.. Tlie Ncxt Steps nd rcccived Irjoney frotn tlic National Lottei'y Reacl)Ing ComTllUnitics Fuiid and enabled lis (o piovide opporlLinitirs foi. cliildi'tn aged 9-1.3 yeai3 in Bulwcll as iliey 80 tIough a niimber ot'lifc tiansitions., The FAinily Mentoi'ing fund i'eceived nioney fi'oin tlie Natoal Lottcry Coiniiiuniiy Fitnd VIA paymcnts froni GIDundworl< tijeater Nottinghain Ivitli wlii¢li li dclLV¢L3 a family mentoring sei'vicc Bulmrcll. Tlie Toybox Fund received nioney froni Notiingliam City Coun¢il as part of ils &Jrly Ycais fiinding foi. fi'ee i)laces foi. 2, 3 and 4 yedl. in nuisu'ies and sclioolg., Tlie PaT'kei s Wood fund IE¢eived Inoney this y¢ai froni NoltingJiain%liii'e Coiniiiunity Foundation 12nd NCVS for the plvISIO1 of woodlaiid play alld discovery ill nalure foi. cliildt'cll at weekeiids,. TlTrc Foi'est Familic8 fuiid rcccivcd fuiiding fi'orn Boots Cliai'itahle Tru*t and wa5 to PTOVLde free weekend family waodland i)lay scssions, typical activities would iijclude nature exploi?lion, den buildiiig aiid busli ci'aft,. The Wonder Woods fund i'eceived the filial i)aynieni fi'oi# Ihc Aits Council fngland to fulld aclivttie8 irtvolviiig arts iii Ihe wi)od5', Tlie Ai'borctuni Playdays fund reecived money froin Noltiiigh&iii City Council last yeai" to ii]n play aclivily days; Tlic Capability BuildiTig projccl Icccivcd fund5ng froin the Youth Endowmenl Fuijd unfoi'lumately the balance iinspet)t on Illi% fttnd had to be YeiuTned to Ilie fynder, Thc Playback project ieccived Flei"itagc Lottcjy fijiiding la woi'k wi) pcoplc of all ages in eaptuiing their Ineinoi'ies an(1 experiences of cljildhoud play incliiding oi'al hi$toi'ies, pliotograpliic I'ccoi'ds, a fi'cc conit]iuiTrity exhibitioii aiid thc dcvclopinent of a l¢gacy archive f(iY futLiir gcncration5-, l-he ABG fundii)g is the Area Base<l CJrant received 10 deliver play scssions to cliildirn and families in tlic Bulwell ai'ea. The QMC Play sessioiis fuiidillg from Tei'racycle will be pul toward% i)lay i)roje¢ls iii IJ)¢ J)ext financial year. Tlie 29 May 1961 Lhaj'ity Mttds air also foi. play projetts eonlinuin8 in the next fin2llcial year. Last yeai" tlie R&YeEsidc fvnd Jicrsved niDney from BBC Cliildien in Need alld Boots Chai'il&ble I'rnst to support the manageiheLiI and deliverji of aftei. school And s¢hool holiday sviceS for ¢hildirn aged 5 to 13 ycats old in Bulwell. Page 22
The Toy Librai'y Limited Notes to the Fiii%iieio1 Statemeiits for tlie Year Ei iided 31 March 2022 BalaiiLe at 31 Marcli 2021 Ralaiice at April 2020 Incoming i'esouiees Rl-¢eS expeiided 7'1'2Thsfers Uttrestricted fiinds Coic Costs 1,192 79,805 181.854) 4,681 3,824 Redundancy Reset've Contingejicy fund 11,200 1,233 {4,681) 6,519 1,233 12,433 14.681) 7,752 Total uiirLStI'i¢ted funds 13,625 79,805 {81,854 11,576 Resti'icted Wonder Wood Barke¢s Wood & Sycainore Aboi"clum Playdays Capability Building FainÉly Mentors prograninie Rivei'sid¢ Playback Toy box ABG 16,677 2,245 5.000 4,500 (20.823) (5.6281 15001 116,6741 1389,4541 {32.0881 {15,341) (60,17]) (37,310) (1,6001 (128,121) (4,146) 2,245 4,500 3.996 70,290 5,628 16,170 459.744 24,808 7,280 15,946 32,113 2,574 3,000 17,824 2,310 605 2.(170 5,400 4,400 34,482 2,490 30,130 40,136 3,000 144,779 180 29May1961 Next Sieps (Bi¥ Lo{'y) QMC Playdays I'otal restritted fuijds 109,469 724,575 1707.712) 126,332 Total funds 123,094 804.380 789,566 137,908 18 Anglysis of iiet Assets beti¥eeii fund5 Uiirestricted 2022 Total fuTid5 General Desigiiated RÈsti'l¢ted I'angible fixed assets Cujrent assels Current liabilitie8 5,907 62,036 128,173) 15,907 270,643 (2R,1731 258,377 30,L99 178,408 Total iict assets 49,770 30.199 178,408 Page 23
The Toy Library Limited Notes to the D inaileial Statements for the Yeai. Ejided 31 March 2022 Uni-e5ti'icted 2021 'rot#l fuiids Gener*1 Designated Rwti'itted Tangible fixed assets Cui'i'ent asseis CunEnt liabilities 19,021 54,595 169,792) 19,021 188,679 169.792) 7,752 126,332 Total llet assets J.824 7,752 126,332 137,908 Page 24